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Gov Newsom Claims Big Oil Is to Blame for High Gas Prices, but New Report Blames Climate Policies

by Just The News
October 7, 2024
in Aggregated, News
Gov Newsom claims Big Oil is to blame for high gas prices, but new report blames climate policies

California Democratic Gov. Gavin Newsom has continuously denied that the state’s policies have anything to do with sky-high gas prices the state’s residents pay, arguing that it’s “Big Oil” driving up gasoline prices. But a new study shows policies have added as much as $1.91 per gallon to what Californians pay at the pump.

According to AAA, Americans on Saturday were paying on average $3.177 a gallon for gasoline. Californians were paying $4.676 per gallon on average. The gap can vary. A year ago, the average national price was $3.814 per gallon, while Californians were paying $6.059 per gallon.

According to the Energy Policy Research Foundation analysis by researcher Max Pyziur, California has several policies impacting gasoline prices that are entirely unique to the state.

In the 1960s, California began targeting gasoline formulations, which created blend requirements exceeding those of the EPA. According to the fondation analysis, this requirement alone adds 16 cents a gallon to the price of California gas on average. […]

— Read More: justthenews.com






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